Bombardier Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Andrew Stephenson
No, I would respectfully disagree. I think we need to provide certainty for all sectors of our economy. We have seen a range of recent investments in the aerospace sector across the United Kingdom, but we have also seen businesses restructure, as in this business with huge growth potential, as the sector looks to realign itself for the growth potentials in future.
Mr Speaker
What a difficult choice—Strangford against East Antrim. I call Jim Shannon.
Jim Shannon
Thank you, Mr Speaker.
I thank the Minister for his reply to these questions. I represent Strangford, as Mr Speaker said and others here will know as well. The factory in Newtownards is part of the Bombardier business, and I want to speak on its behalf. Last year, I had an opportunity to visit the Belfast site in the constituency of my hon. Friend the Member for Belfast East (Gavin Robinson), and to understand its importance and the experience of its skilled workforce. It seems that there are three companies interested in Bombardier. Has the Minister had time to discuss the possibility of a partnership with Airbus, with Airbus owning 50.1% of the shares, thereby cementing the wing technology in the United Kingdom, and 49.9% owned by Bombardier, with voting shares retained by Bombardier? That is very similar to the partnership in the Airbus C Series, now the Airbus A320.
Mr Speaker
I do hope that the hon. Gentleman now feels that he has fully ventilated his concerns, at least for now.